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Benzinga
Benzinga
World
Robert Kuczmarski

3 Double-Digit Yielding Stocks This Hedge Funder Is Trading, With 1 Reporting Record Net Income

Oaktree Capital Management, a hedge fund with at least $159 billion in assets under management, utilizes a diversified mix of global investment strategies in four categories: credit, private equity, real assets, and listed equities.

On Apr. 12, 2012, the Howard Marks-founded firm was listed on the New York stock exchange. On March 13, 2019, Canadian multinational Brookfield Asset Management acquired a 62% stake in Oaktree for roughly $4.7 billion.

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